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ExlService Holdings (STU:LHV) Cyclically Adjusted Book per Share : €4.08 (As of Sep. 2024)


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What is ExlService Holdings Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

ExlService Holdings's adjusted book value per share for the three months ended in Sep. 2024 was €5.083. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €4.08 for the trailing ten years ended in Sep. 2024.

During the past 12 months, ExlService Holdings's average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of ExlService Holdings was 12.50% per year. The lowest was 10.30% per year. And the median was 11.40% per year.

As of today (2024-12-14), ExlService Holdings's current stock price is €43.66. ExlService Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €4.08. ExlService Holdings's Cyclically Adjusted PB Ratio of today is 10.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ExlService Holdings was 10.22. The lowest was 3.01. And the median was 5.28.


ExlService Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for ExlService Holdings's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ExlService Holdings Cyclically Adjusted Book per Share Chart

ExlService Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 3.84

ExlService Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.02 3.84 3.94 4.14 4.08

Competitive Comparison of ExlService Holdings's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, ExlService Holdings's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ExlService Holdings's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, ExlService Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ExlService Holdings's Cyclically Adjusted PB Ratio falls into.



ExlService Holdings Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, ExlService Holdings's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=5.083/133.0289*133.0289
=5.083

Current CPI (Sep. 2024) = 133.0289.

ExlService Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201412 2.066 99.070 2.774
201503 2.425 99.621 3.238
201506 2.385 100.684 3.151
201509 2.410 100.392 3.193
201512 2.583 99.792 3.443
201603 2.600 100.470 3.443
201606 2.642 101.688 3.456
201609 2.754 101.861 3.597
201612 2.999 101.863 3.917
201703 3.115 102.862 4.029
201706 3.063 103.349 3.943
201709 2.959 104.136 3.780
201712 2.991 104.011 3.825
201803 2.832 105.290 3.578
201806 2.922 106.317 3.656
201809 2.873 106.507 3.588
201812 3.175 105.998 3.985
201903 3.248 107.251 4.029
201906 3.319 108.070 4.086
201909 3.448 108.329 4.234
201912 3.528 108.420 4.329
202003 3.460 108.902 4.227
202006 3.524 108.767 4.310
202009 3.550 109.815 4.300
202012 3.523 109.897 4.265
202103 3.639 111.754 4.332
202106 3.635 114.631 4.218
202109 3.492 115.734 4.014
202112 3.685 117.630 4.167
202203 3.816 121.301 4.185
202206 3.916 125.017 4.167
202209 4.306 125.227 4.574
202212 4.307 125.222 4.576
202303 4.458 127.348 4.657
202306 4.645 128.729 4.800
202309 4.858 129.860 4.977
202312 4.935 129.419 5.073
202403 4.550 131.776 4.593
202406 4.884 132.554 4.902
202409 5.083 133.029 5.083

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


ExlService Holdings  (STU:LHV) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

ExlService Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=43.66/4.08
=10.70

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ExlService Holdings was 10.22. The lowest was 3.01. And the median was 5.28.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


ExlService Holdings Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of ExlService Holdings's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


ExlService Holdings Business Description

Industry
Traded in Other Exchanges
Address
320 Park Avenue, 29th Floor, New York, NY, USA, 10022
ExlService Holdings Inc. is a business process management company that provides digital operations and analytical services to clients driving enterprise-scale business transformation initiatives that leverage company's deep expertise in analytics, AI, ML and cloud. The company offers business process outsourcing and automation services, and data-driven insights to customers across multiple industries. The company operates through four segments based on the products and services offered and markets served: Insurance, Healthcare, Emerging, Analytics. The vast majority of the company's revenue is earned in the United States, and more than half of its revenue comes from Analytics segment.

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